TON Blockchain Teams Up with Pyth Network for Enhanced Data Delivery
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
The Open Network (TON) has announced a partnership with decentralized data oracle Pyth Network to enhance data delivery for developers building on the TON blockchain.
The collaboration aims to integrate Pyth’s advanced oracle data feeds, providing TON developers with the tools they need to create innovative decentralized applications (DApps).
Pyth’s pull oracle technology is particularly notable for its ability to deliver real-time, institutional-quality price data, a crucial component for building robust decentralized finance (DeFi) applications on TON.
It is worth noting that Pyth’s price feeds enjoy enhanced security and reliability.
For one, multiple layers of protection are in place to ensure that TON developers.
Moreover, those in other ecosystems supported by Pyth can confidently build DeFi solutions capable of serving millions of users.
The partnership is expected to significantly impact various aspects of the TON ecosystem, particularly in the realm of DeFi.
With Pyth’s high-fidelity, real-time pricing data, TON projects will be able to offer enhanced financial services, supported by the platform’s lightning-fast transaction speeds.
The collaboration will bolster TON’s ongoing efforts to attract and onboard users to the blockchain, leveraging Pyth’s low-latency data capabilities to improve the overall user experience.
.@PythNetwork and @ton_blockchain have partnered to unlock high-fidelity data for builders looking to put crypto in every pocket.
Pyth’s pull oracle is set to supercharge the developer experience on TON by
